Latest News

Price Discrimination with Imperfect Consumer Recognition

Author: Sumit Shrivastav Title: Price Discrimination with Imperfect Consumer Recognition Abstract: In this paper, we analyze the competitive and welfare effects of imperfect consumer recognition, in a duopoly model with switching costs. We demonstrate that the impact of consumer recognition on firms’ pricing strategies, industry profits, and welfare crucially depends […]

Read More

Profitability of Behavior Based Price Discrimination

Author: Sumit Shrivastav Title: Profitability of Behavior Based Price Discrimination Abstract: In this paper, we analyze the profitability of price discrimination based on recognition of consumers’ brand preferences, in a duopoly model with switching costs. We show that, in contrast to existing studies, price discrimination results into higher profits than […]

Read More

Qualitative and Quantitative Central Bank Communications and Professional Forecasts: Evidence from India

Author: Ashima Goyal and Prashant Parab Title: Qualitative and Quantitative Central Bank Communications and Professional Forecasts: Evidence from India Abstract: We analyze the influence of qualitative and quantitative communications of the Reserve Bank of India on inflation expectations of professional forecasters, and draw out implications for the impact of policy variables on expectations. […]

Read More

Spatial Disparities in Household Earnings in India: Role of Urbanization, Sectoral Inequalities, and Rural-Urban Differences

Author: S Chandrasekhar, Karthikeya Naraparaju, Ajay Sharma Title: Spatial Disparities in Household Earnings in India: Role of Urbanization, Sectoral Inequalities, and Rural-Urban Differences Abstract: This paper focuses on spatial disparities in household earnings in rural and urban India. A point of departure from the existing literature on inequality in India […]

Read More

Strategic Inattention and Divisionalization in Duopoly

Author: Promit Kanti Chaudhuri Title: Strategic Inattention and Divisionalization in Duopoly Abstract: In this paper, a differentiated product economy is modeled where firms strategically set up autonomous rival divisions and the divisions play the quantity competition game `a la Cournot or by means of monopolistic competition, where the divisions are unaware of the […]

Read More